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Securing necessary supply by collaborative release of oil reserves if necessary = Economy Minister in Saudi oil facility attack

2019-09-17T03:04:32.009Z


[Tokyo 17th Reuters]-Kazuhide Sugawara, Minister of Economy, Trade and Industry, was hit by an attack on Saudi Arabia's oil facilities on the 17th, and has been hindering Japan's crude oil procurement so far. Said no. In the future,


[Tokyo 17th Reuters]-Kazuhide Sugawara, Minister of Economy, Trade and Industry, was hit by an attack on Saudi Arabia's oil facilities on the 17th, and has been hindering Japan's crude oil procurement so far. Said no. He also reiterated his idea of ​​securing the necessary supply, for example through coordinated release of oil reserves, if necessary. It was stated at a conference after the cabinet meeting.

“We haven't heard so far that Japan's crude oil procurement has been hindered,” said Susumu Sugawara.

After explaining that Japan has stockpiled more than 230 days of domestic consumption, “If there is a need, pay close attention to the impact on Japan's stable oil supply and oil market trends. I would like to secure the necessary amount of supply through the joint release of stockpiles. "

On top of that, “the situation may be prolonged in the future, but as the Ministry of Economy, Trade and Industry, we will make every effort to ensure that there is no impact on people's lives and economic trends, and that there will be no impact on the international community. I would like to proceed with this. "

(Ritsuko Shimizu)

Source: asahi

All news articles on 2019-09-17

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